Analyst Consensus ?
ConsensusBuy58 ratings
Bullish3560.3%
Neutral2136.2%
Bearish23.5%
1 unmapped firm rating excluded from the percentages.
Skyworks Solutions, Inc. · SWKS · FY2024 Q3 · Calendar Q3 2024
Skyworks: AI, Wi-Fi 7 and auto growth meet concentration risks
The supplied analysis supports a constructive but qualified view: management sees AI-enabled devices, Wi-Fi 7, automotive connectivity and data-center timing as multi-year opportunities, while inventory, customer concentration and execution remain material offsets.
Reported After market closeNASDAQTechnology
$12.54B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.21
Consensus $1.21
EPS surprise
0.0%
Reported versus consensus
Reported revenue
$905.5M
Consensus $1.01B
Revenue surprise
-10.1%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-3.5%
Event window
SPY move
+1.6%
Same window
Abnormal move
-5.1%
Stock minus SPY
Volume
2.5×
Versus trailing sessions
Subsequent drift
-6.1%
Up to 20 sessions
SWKSSPY benchmark
Ask FN2 about SWKS FY2024 Q3
Transcript, numbers and history already loaded
Why did SWKS fall 3.5% after beating EPS estimates in FY2024 Q3?What changed in SWKS's guidance and outlook in FY2024 Q3?Give me the bull and bear case for SWKS after FY2024 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, the supplied Q3 analysis emphasizes easing broad-market inventory pressure, stronger mobile and broad-market sequential performance, and continued design-win momentum. It also retains the risks around data-center inventory, customer concentration and the timing of AI-related content growth.
Guidance delta
Management maintained its outlook; supplied analysis says Q4 guidance calls for $1.0-$1.04 billion of revenue, EPS of $1.52, and modest gross-margin expansion.
Key takeaways
- Supplied analysis says Q3 revenue was $906 million and EPS was $1.21, with strong cash flow and margin expansion.
- Management identified AI-enabled smartphones, Wi-Fi 7, automotive connectivity and Ethernet timing as growth areas.
- Inventory pressure is easing in broad markets but remains elevated in data-center infrastructure.
- Large-customer concentration remains a central risk, while capital allocation stays disciplined.
Management priorities
- Expand AI-enabled RF products for smartphones and edge devices.
- Accelerate Wi-Fi 7 design wins and automotive connectivity opportunities.
- Invest in 800 Gb and 1.6 Tb Ethernet timing solutions.
- Maintain disciplined capital allocation through dividends, buybacks and selective M&A.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$85.39Current
$46Low
$124.23Average
$380High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 27, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Susquehanna | Neutral | Neutral | Maintain | Oct 21, 2026 |
| Mizuho | Underperform | Underperform | Maintain | Oct 9, 2026 |
| Citigroup | Neutral | Neutral | Maintain | Oct 6, 2026 |
| B. Riley Securities | Buy | Neutral | Upgrade | Oct 6, 2026 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Oct 1, 2026 |
| BMO Capital | Market Perform | Market Perform | Maintain | Aug 21, 2026 |
| UBS | Neutral | Neutral | Maintain | Jul 29, 2026 |
| TD Cowen | Hold | Hold | Maintain | Jul 29, 2026 |
| Stifel | Hold | Hold | Maintain | Jul 29, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Jul 29, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Jul 29, 2026 |
| Keybanc | Overweight | Downgrade | Jul 14, 2026 | |
| Barclays | Overweight | Equal Weight | Upgrade | Apr 22, 2026 |
| Benchmark | Hold | Hold | Maintain | Feb 4, 2026 |
| Piper Sandler | Overweight | Neutral | Upgrade | Oct 29, 2025 |
| Needham | Hold | Hold | Maintain | May 8, 2025 |
| Rosenblatt | Neutral | Buy | Downgrade | Feb 6, 2025 |
| Goldman Sachs | Neutral | Neutral | Maintain | Feb 6, 2025 |
| B of A Securities | Underperform | Underperform | Maintain | Feb 6, 2025 |
| Craig-Hallum | Buy | Buy | Maintain | Nov 13, 2024 |
| Baird | Neutral | Neutral | Maintain | Jul 31, 2024 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | May 9, 2024 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | May 1, 2024 |
| Summit Insights Group | Hold | Buy | Downgrade | Nov 3, 2023 |
| Exane BNP Paribas | Neutral | Outperform | Downgrade | Sep 20, 2023 |
| Argus Research | Buy | Buy | Maintain | May 10, 2023 |
| Credit Suisse | Outperform | Outperform | Maintain | Feb 7, 2023 |
| Cowen & Co. | Outperform | Outperform | Maintain | Feb 7, 2023 |
| Raymond James | Outperform | Outperform | Maintain | Nov 4, 2022 |
| Cascend | Buy | Buy | Maintain | Feb 12, 2021 |
| B. Riley FBR | Buy | Buy | Maintain | Jan 29, 2021 |
| Charter Equity | Market Outperform | Market Perform | Upgrade | May 5, 2020 |
| Canaccord Genuity | Buy | Buy | Maintain | Apr 14, 2020 |
| Loop Capital | Buy | Buy | Maintain | Jan 24, 2020 |
| Bank of America | Buy | Underperform | Upgrade | Dec 9, 2019 |
| B. Riley | Buy | Buy | Maintain | Nov 1, 2019 |
| PiperJaffray | Overweight | Overweight | Maintain | Jun 5, 2019 |
| Macquarie | Neutral | Outperform | Downgrade | Apr 17, 2019 |
| Oppenheimer | Market Perform | Outperform | Downgrade | Jan 7, 2019 |
| Nomura | Neutral | Buy | Downgrade | Jan 4, 2019 |
| Standpoint Research | Buy | Hold | Upgrade | Feb 27, 2018 |
| Instinet | Buy | Buy | Maintain | Sep 6, 2017 |
| Argus | Buy | Buy | Maintain | Jul 6, 2017 |
| Pacific Crest | Overweight | Sector Weight | Upgrade | Apr 4, 2017 |
| CLSA | Outperform | Underperform | Upgrade | Aug 9, 2016 |
| Chardan Capital | Buy | Buy | Maintain | Feb 1, 2016 |
| Drexel Hamilton | Buy | Buy | Maintain | Oct 20, 2015 |
| Topeka Capital | Buy | Buy | Maintain | Oct 6, 2015 |
| Topeka | Buy | Buy | Maintain | Oct 6, 2015 |
| MKM Partners | Buy | Buy | Maintain | Jul 24, 2015 |
| Stephens & Co. | Overweight | Equal Weight | Upgrade | Jul 13, 2015 |
| Brean Capital | Buy | Buy | Maintain | Apr 2, 2015 |
| JMP Securities | Market Outperform | Market Outperform | Maintain | Dec 15, 2014 |
| Sterne Agee | Buy | Buy | Maintain | Nov 10, 2014 |
| DA Davidson | Buy | Buy | Maintain | Nov 7, 2014 |
| Ascendiant Capital | Buy | Buy | Maintain | Nov 7, 2014 |
| Tigress Financial | Buy | Strong Buy | Downgrade | Jul 24, 2014 |
| Lazard | Buy | Buy | Maintain | Oct 5, 2012 |
| Deutsche Bank | Buy | Buy | Maintain | Jul 19, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $85.38. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Susquehanna | Christopher Rolland | $90 | $81.3 | +5.4% | Oct 21, 2026 |
| Mizuho Securities | Analyst unavailable | $61 | $74.8 | -28.6% | Oct 9, 2026 |
| Loop Capital Markets | Analyst unavailable | $107 | $83.91 | +25.3% | Oct 6, 2026 |
| B.Riley Financial | Craig Ellis | $107 | $83.91 | +25.3% | Oct 6, 2026 |
| BMO Capital | Harsh Kumar | $70 | $67.94 | -18.0% | Aug 20, 2026 |
| RBC Capital | Srini Pajjuri | $70 | $60.29 | -18.0% | Jul 29, 2026 |
| Morgan Stanley | Analyst unavailable | $72 | $60.3 | -15.7% | Jul 29, 2026 |
| Mizuho Securities | Analyst unavailable | $52 | $64.68 | -39.1% | Jul 29, 2026 |
| Stifel Nicolaus | Analyst unavailable | $70 | $64.68 | -18.0% | Jul 29, 2026 |
| UBS | Analyst unavailable | $70 | $64.68 | -18.0% | Jul 29, 2026 |
| Morgan Stanley | Analyst unavailable | $65 | $64.68 | -23.9% | Jul 29, 2026 |
| RBC Capital | Srini Pajjuri | $80 | $74.33 | -6.3% | Jun 23, 2026 |
| UBS | Timothy Arcuri | $75 | $63.58 | -12.2% | May 6, 2026 |
| Craig-Hallum | Anthony Stoss | $85 | $64.56 | -0.5% | May 6, 2026 |
| Morgan Stanley | Analyst unavailable | $76 | $62.12 | -11.0% | May 6, 2026 |
| RBC Capital | Srini Pajjuri | $72 | $72.56 | -15.7% | May 6, 2026 |
| Mizuho Securities | Analyst unavailable | $55 | $72.56 | -35.6% | May 6, 2026 |
| Stifel Nicolaus | Analyst unavailable | $75 | $72.56 | -12.2% | May 6, 2026 |
| KeyBanc | John Vinh | $85 | $72.56 | -0.5% | May 6, 2026 |
| Mizuho Securities | Vijay Rakesh | $46 | $58.99 | -46.1% | Apr 20, 2026 |
| Loop Capital Markets | Analyst unavailable | $75 | $57.98 | -12.2% | Feb 4, 2026 |
| Stifel Nicolaus | Analyst unavailable | $65 | $56.76 | -23.9% | Feb 4, 2026 |
| Loop Capital Markets | Analyst unavailable | $65 | $55.93 | -23.9% | Feb 4, 2026 |
| UBS | Timothy Arcuri | $58 | $55.93 | -32.1% | Feb 4, 2026 |
| Morgan Stanley | Analyst unavailable | $68 | $55.95 | -20.4% | Feb 2, 2026 |
| Mizuho Securities | Analyst unavailable | $60 | $58.96 | -29.7% | Jan 26, 2026 |
| Susquehanna | Analyst unavailable | $65 | $58.55 | -23.9% | Jan 22, 2026 |
| UBS | Analyst unavailable | $63 | $57.76 | -26.2% | Jan 20, 2026 |
| Barclays | Tom O'Malley | $60 | $59.86 | -29.7% | Jan 15, 2026 |
| RBC Capital | Srini Pajjuri | $65 | $59.86 | -23.9% | Jan 14, 2026 |
| Mizuho Securities | Analyst unavailable | $65 | $60.66 | -23.9% | Jan 9, 2026 |
| Stifel Nicolaus | Ruben Roy | $72 | $74.25 | -15.7% | Nov 5, 2025 |
| UBS | Analyst unavailable | $80 | $71.99 | -6.3% | Nov 5, 2025 |
| UBS | Analyst unavailable | $85 | $80.26 | -0.5% | Oct 29, 2025 |
| Morgan Stanley | Joseph Moore | $89 | $80.26 | +4.2% | Oct 29, 2025 |
| Piper Sandler | Analyst unavailable | $140 | $80.26 | +64.0% | Oct 29, 2025 |
| Barclays | Tom O'Malley | $88 | $80.26 | +3.1% | Oct 29, 2025 |
| KeyBanc | John Vinh | $105 | $80.26 | +23.0% | Oct 29, 2025 |
| CFRA | Angelo Zino | $90 | $82.32 | +5.4% | Oct 28, 2025 |
| Piper Sandler | Harsh Kumar | $85 | $102.03 | -0.5% | Nov 13, 2024 |
| Mizuho Securities | Vijay Rakesh | $105 | $102.03 | +23.0% | Nov 13, 2024 |
| Loop Capital Markets | Gary Mobley | $90 | $87.98 | +5.4% | Nov 11, 2024 |
| Barclays | Tom O'Malley | $87 | $97.8 | +1.9% | Oct 10, 2024 |
| Stifel Nicolaus | Ruben Roy | $125 | $117.69 | +46.4% | Jul 31, 2024 |
| Robert W. Baird | Tristan Gerra | $108 | $117.69 | +26.5% | Jul 31, 2024 |
| Piper Sandler | Harsh Kumar | $115 | $117.69 | +34.7% | Jul 31, 2024 |
| Barclays | Tom O'Malley | $115 | $117.41 | +34.7% | Jul 30, 2024 |
| B.Riley Financial | Craig Ellis | $130 | $106.93 | +52.3% | Jun 20, 2024 |
| Rosenblatt Securities | Kevin Cassidy | $120 | $92.4 | +40.5% | May 1, 2024 |
| Mizuho Securities | Vijay Rakesh | $115 | $92.08 | +34.7% | May 1, 2024 |
| Barclays | Tom O'Malley | $85 | $106.59 | -0.5% | May 1, 2024 |
| Loop Capital Markets | John Vinh | $130 | $98.54 | +52.3% | May 9, 2023 |
| Mizuho Securities | Vijay Rakesh | $100 | $105.24 | +17.1% | May 9, 2023 |
| Susquehanna | Christopher Rolland | $135 | $113.95 | +58.1% | Mar 16, 2023 |
| Citigroup | Analyst unavailable | $117 | $121.06 | +37.0% | Feb 8, 2023 |
| Needham | Rajvindra Gill | $140 | $122.34 | +64.0% | Feb 7, 2023 |
| Craig-Hallum | Analyst unavailable | $130 | $119.05 | +52.3% | Feb 7, 2023 |
| Wells Fargo | Analyst unavailable | $110 | $119.04 | +28.8% | Feb 7, 2023 |
| J.P. Morgan | Analyst unavailable | $120 | $118.01 | +40.5% | Feb 7, 2023 |
| Morgan Stanley | Analyst unavailable | $114 | $117.94 | +33.5% | Feb 7, 2023 |
| Cowen & Co. | Analyst unavailable | $135 | $109.28 | +58.1% | Feb 7, 2023 |
| Susquehanna | Analyst unavailable | $110 | $109.28 | +28.8% | Feb 7, 2023 |
| Credit Suisse | Analyst unavailable | $135 | $109.28 | +58.1% | Feb 7, 2023 |
| Piper Sandler | Analyst unavailable | $120 | $109.28 | +40.5% | Feb 7, 2023 |
| Credit Suisse | Analyst unavailable | $125 | $96.54 | +46.4% | Nov 16, 2022 |
| J.P. Morgan | Bill Peterson | $95 | $87.93 | +11.3% | Nov 4, 2022 |
| KeyBanc | John Vinh | $120 | $87.93 | +40.5% | Nov 4, 2022 |
| Piper Sandler | Harsh Kumar | $110 | $82.34 | +28.8% | Nov 3, 2022 |
| Goldman Sachs | Toshiya Hari | $97 | $105.14 | +13.6% | Jul 27, 2022 |
| Mizuho Securities | Vijay Rakesh | $150 | $91.12 | +75.7% | Jul 1, 2022 |
| Morgan Stanley | Analyst unavailable | $123 | $107.18 | +44.1% | May 4, 2022 |
| Wells Fargo | Analyst unavailable | $160 | $103.42 | +87.4% | May 4, 2022 |
| Rosenblatt Securities | Analyst unavailable | $190 | $119.47 | +122.5% | May 4, 2022 |
| Piper Sandler | Harsh Kumar | $145 | $119.47 | +69.8% | May 3, 2022 |
| Morgan Stanley | Analyst unavailable | $130 | $118.51 | +52.3% | May 2, 2022 |
| Morgan Stanley | Joseph Moore | $130 | $118.51 | +52.3% | May 2, 2022 |
| Barclays | Blayne Curtis | $140 | $117.65 | +64.0% | Apr 29, 2022 |
| Mizuho Securities | Vijay Rakesh | $175 | $115.1 | +105.0% | Apr 24, 2022 |
| KeyBanc | Weston Twigg | $225 | $127.54 | +163.5% | Mar 13, 2022 |
| Cowen & Co. | Karl Ackerman | $175 | $134.54 | +105.0% | Feb 4, 2022 |
| Raymond James | Chris Caso | $170 | $134.54 | +99.1% | Feb 4, 2022 |
| Benchmark Co. | Cody Acree | $190 | $134.54 | +122.5% | Feb 4, 2022 |
| BMO Capital | Ambrish Srivastava | $185 | $134.54 | +116.7% | Feb 4, 2022 |
| Rosenblatt Securities | Kevin Cassidy | $240 | $137.97 | +181.1% | Feb 3, 2022 |
| Robert W. Baird | Tristan Gerra | $140 | $137.97 | +64.0% | Feb 3, 2022 |
| Wells Fargo | Gary Mobley | $230 | $151.99 | +169.4% | Jan 13, 2022 |
| Needham | Rajvindra Gill | $255 | $162.82 | +198.6% | Nov 5, 2021 |
| Credit Suisse | John Pitzer | $380 | $182.55 | +345.0% | Jul 30, 2021 |
| Westpark Capital | Ruben Roy | $220 | $188.46 | +157.7% | Jul 15, 2021 |
| Piper Sandler | Weston Twigg | $225 | $188.44 | +163.5% | Jul 6, 2021 |
| Craig-Hallum | Anthony Stoss | $220 | $178.86 | +157.7% | Apr 30, 2021 |
Track every rating change on SWKS the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationSkyworks Solutions, Inc., together with its subsidiaries, develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific. The company offers amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, wireless ASoC, DC/DC converters, demodulators, detectors, digital power isolators, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, and optocouplers/optoisolators.…
Historical context
All SWKS earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| GLW Corning Inc | FY2026 Q3 · Calendar Q4 2026 | — | -0.4% | Corning’s optical growth accelerates, while solar remains a drag |
| CDNS Cadence Design Systems, Inc. | FY2026 Q3 · Calendar Q4 2026 | +2.9% | +1.8% | Cadence raises 2026 outlook as AI tools and verification demand accelerate |
| INFY Infosys Limited | FY2027 Q2 · Calendar Q4 2026 | -4.8% | -6.6% | Infosys trims growth outlook as AI revenue and deal wins accelerate |
| SSNC SS&C Technologies Holdings, Inc. | FY2026 Q3 · Calendar Q4 2026 | +0.6% | +2.8% | SS&C raises 2026 outlook as AI and tokenization support growth |
| ROP Roper Technologies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +1.7% | +9.7% | Roper raises DEPS outlook as AI adoption expands across portfolio |
| VRSN VeriSign, Inc. | FY2026 Q3 · Calendar Q4 2026 | -2.0% | -0.9% | VeriSign reports record registrations as renewal mix becomes a key watchpoint |
Latest beats and misses
Who reports nextBeat on EPS
- VZFY2026 Q3 · October 26, 2026+3.1% EPS-3.5% move
- CXFY2026 Q3 · October 26, 2026+12.0% EPS-0.1% move
- CDNSFY2026 Q3 · October 26, 2026+2.9% EPS+1.8% move
- BAHFY2027 Q2 · October 23, 2026+18.9% EPS-0.3% move
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
Missed on EPS
- PFGFY2026 Q3 · October 26, 2026-8.6% EPS+0.3% move
- WELLFY2026 Q3 · October 26, 2026-15.8% EPS-5.3% move
- KOFFY2026 Q3 · October 26, 2026-9.0% EPS-1.9% move
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
Get the SWKS recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-10-17T05:10:49.140638+00:00
- Polygon adjusted daily market bars · 2026-10-27T14:50:43.449845+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-27T14:50:43.447093+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-27. For educational purposes only; not investment advice.